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Jesse Lauriston Livermore Quotes: I never argue with the tape. To be angry at the market because it unexpectedly or even illogically goes against you is like getting mad at your lungs because you have pneumonia.
         

I never argue with the tape. To be angry at the market because it unexpectedly or even illogically goes against you is like getting mad at your lungs because you have pneumonia.


Jesse Lauriston Livermore
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Other quotes of Jesse Lauriston Livermore


It never was my thinking that made the big money for me. It always was my sitting.

It never was my thinking that made the big money for me. It always was my sitting.



To anticipate the market is to gamble. To be patient and react only when the market gives the signal is to speculate.

To anticipate the market is to gamble. To be patient and react only when the market gives the signal is to speculate.



Don't take action with a trade until the market, itself, confirms your opinion. Being a little late in a trade is insurance that your opinion is correct. In other words, don't be an impatient trader.

Don't take action with a trade until the market, itself, confirms your opinion. Being a little late in a trade is insurance that your opinion is correct. In other words, don't be an impatient trader.



The stock market is never obvious. It is designed to fool most of the people, most of the time.

The stock market is never obvious. It is designed to fool most of the people, most of the time.



Men who can both be right and sit tight are uncommon.

Men who can both be right and sit tight are uncommon.



A prudent speculator never argues with the tape. Markets are never wrong, opinions often are.

A prudent speculator never argues with the tape. Markets are never wrong, opinions often are.



The market does not beat them. They beat themselves, because though they have brains they cannot sit tight.

The market does not beat them. They beat themselves, because though they have brains they cannot sit tight.



Every once in a while you must go to cash, take a break, take a vacation. Don't try to play the market all the time. It can't be done, too tough on the emotions.

Every once in a while you must go to cash, take a break, take a vacation. Don't try to play the market all the time. It can't be done, too tough on the emotions.



It isn't as important to buy as cheap as possible as it is to buy at the right time.

It isn't as important to buy as cheap as possible as it is to buy at the right time.



Wall Street never changes, the pockets change, the suckers change, the stocks change, but Wall Street never changes, because human nature never changes.

Wall Street never changes, the pockets change, the suckers change, the stocks change, but Wall Street never changes, because human nature never changes.





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Maybe people don't think moms are cool. I don't know what to say about it. I don't know. Romantic comedies aren't for everybody, so maybe mom movies aren't for everybody.

Maybe people don't think moms are cool. I don't know what to say about it. I don't know. Romantic comedies aren't for everybody, so maybe mom movies aren't for everybody.



There was a time when we wanted to be told what an electron is. The question was never answered. No familiar conceptions can be woven around the electron; it belongs to the waiting list.

There was a time when we wanted to be told what an electron is. The question was never answered. No familiar conceptions can be woven around the electron; it belongs to the waiting list.



Anytime we feed soul, it guarantees increase.

Anytime we feed soul, it guarantees increase.



I actually was worried about the pounding, but I actually love running more than working out on the elliptical. Now if I get on the elliptical, I feel like I'm trapped.

I actually was worried about the pounding, but I actually love running more than working out on the elliptical. Now if I get on the elliptical, I feel like I'm trapped.



Time waits for no ovary.

Time waits for no ovary.



Damn any man who sympathizes with Indians! [...] I have come to kill Indians, and believe it is right and honorable to use any means under God's heaven to kill Indians.

Damn any man who sympathizes with Indians! [...] I have come to kill Indians, and believe it is right and honorable to use any means under God's heaven to kill Indians.



Strictly speaking, we do not make decisions. Decisions make us.

Strictly speaking, we do not make decisions. Decisions make us.



I've got a New Zealand film coming out here called Out of the Blue. It's a very heavy story, and it's the first time I've played a character who is alive.

I've got a New Zealand film coming out here called Out of the Blue. It's a very heavy story, and it's the first time I've played a character who is alive.



But I don't think there's any reason to get married again, especially after what I've been through.

But I don't think there's any reason to get married again, especially after what I've been through.




Quote Description


This page presents the quote "I never argue with the tape. To be angry at the market because it unexpectedly or even illogically goes against you is like getting mad at your lungs because you have pneumonia.". Author of this quote is Jesse Lauriston Livermore. This quote is about angry, mad, tape, pneumonia, lungs,.